Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1963
Sq.Footage
N/A
Offered for the first time in 31 years, Morgan Skenderian is pleased to present 5030 Santa Ana Street, a 46-unit multifamily opportunity in the city of Cudahy. The property offers an extremely sought-after unit mix rarely found in apartment buildings, consisting of eight 1-bedroom, twelve 2-bedroom and twenty-six 3-bedroom units on an oversized 1.33 acre lot. Located in an excellent rental area on a residential street with ample parking (78 carports & spaces) and gated entry. Cudahy is a phenomenally-good rental market for apartment owners, with the city having one of the highest population of densities of any city in the United States. Paired with the fact that 86% of Cudahy residents are renters, the city has almost an nonexistent vacancy rate and rapidly rising rents as demand far outpaces supply. Huge amount of upside for a new owner brining rents to market level.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Rectangular Lot
-
Lot Size(acres)
1.331
-
Property Type
Residential Income
Exterior
-
Garage
No
Financial
-
Sales Price
$9,400,000
-
Tax Amount
117500.0
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Doug Rodermund , Morgan Skenderian
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